Reported Earnings • May 15
Full year 2026 earnings released: EPS: ₹2.46 (vs ₹4.13 in FY 2025) Full year 2026 results: EPS: ₹2.46 (down from ₹4.13 in FY 2025). Revenue: ₹388.2m (up 11% from FY 2025). Net income: ₹25.7m (down 40% from FY 2025). Profit margin: 6.6% (down from 12% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 08
Now 21% undervalued Over the last 90 days, the stock has risen 31% to ₹133. The fair value is estimated to be ₹168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹142, the stock trades at a trailing P/E ratio of 73.5x. Average trailing P/E is 22x in the Professional Services industry in India. Total returns to shareholders of 45% over the past three years. Buy Or Sell Opportunity • Apr 15
Now 23% undervalued Over the last 90 days, the stock has risen 16% to ₹124. The fair value is estimated to be ₹161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹131, the stock trades at a trailing P/E ratio of 67.9x. Average trailing P/E is 22x in the Professional Services industry in India. Total returns to shareholders of 28% over the past three years. Buy Or Sell Opportunity • Feb 27
Now 25% undervalued Over the last 90 days, the stock has risen 7.6% to ₹128. The fair value is estimated to be ₹171, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹121, the stock trades at a trailing P/E ratio of 62.9x. Average trailing P/E is 24x in the Professional Services industry in India. Total returns to shareholders of 26% over the past three years. Reported Earnings • Feb 16
Third quarter 2026 earnings released: ₹1.81 loss per share (vs ₹0.006 loss in 3Q 2025) Third quarter 2026 results: ₹1.81 loss per share (further deteriorated from ₹0.006 loss in 3Q 2025). Revenue: ₹75.3m (down 5.8% from 3Q 2025). Net loss: ₹18.8m (loss widened ₹18.8m from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹122, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 27x in the Professional Services industry in India. Total returns to shareholders of 62% over the past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.83 (vs ₹0.20 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.83 (up from ₹0.20 in 2Q 2025). Revenue: ₹96.2m (up 9.5% from 2Q 2025). Net income: ₹8.59m (up 314% from 2Q 2025). Profit margin: 8.9% (up from 2.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 12
Now 23% overvalued Over the last 90 days, the stock has fallen 8.9% to ₹126. The fair value is estimated to be ₹103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 72%. Buy Or Sell Opportunity • Oct 24
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to ₹125. The fair value is estimated to be ₹104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 72%. Buy Or Sell Opportunity • Sep 16
Now 21% overvalued Over the last 90 days, the stock has fallen 19% to ₹124. The fair value is estimated to be ₹103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 72%. Annuncio • Sep 08
SecMark Consultancy Limited, Annual General Meeting, Sep 29, 2025 SecMark Consultancy Limited, Annual General Meeting, Sep 29, 2025, at 14:00 Indian Standard Time. Reported Earnings • Aug 19
First quarter 2026 earnings released: ₹0.87 loss per share (vs ₹0.15 profit in 1Q 2025) First quarter 2026 results: ₹0.87 loss per share (down from ₹0.15 profit in 1Q 2025). Revenue: ₹66.5m (up 14% from 1Q 2025). Net loss: ₹8.99m (down ₹10.6m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 12
SecMark Consultancy Limited to Report Q1, 2026 Results on Aug 13, 2025 SecMark Consultancy Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹159, the stock trades at a trailing P/E ratio of 38.5x. Average trailing P/E is 30x in the Professional Services industry in India. Total returns to shareholders of 177% over the past three years. Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: ₹4.13 (vs ₹2.34 loss in FY 2024) Full year 2025 results: EPS: ₹4.13 (up from ₹2.34 loss in FY 2024). Revenue: ₹360.1m (up 46% from FY 2024). Net income: ₹42.9m (up ₹67.3m from FY 2024). Profit margin: 12% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 23
SecMark Consultancy Limited to Report Q4, 2025 Results on Apr 28, 2025 SecMark Consultancy Limited announced that they will report Q4, 2025 results on Apr 28, 2025 Buy Or Sell Opportunity • Apr 16
Now 28% overvalued Over the last 90 days, the stock has fallen 7.5% to ₹103. The fair value is estimated to be ₹80.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 13
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹864.1m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹864.1m market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹299m revenue, or US$3.4m). Buy Or Sell Opportunity • Mar 03
Now 27% overvalued Over the last 90 days, the stock has fallen 27% to ₹97.45. The fair value is estimated to be ₹76.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Feb 16
Third quarter 2025 earnings released: ₹0.01 loss per share (vs ₹0.02 profit in 3Q 2024) Third quarter 2025 results: ₹0.01 loss per share (down from ₹0.02 profit in 3Q 2024). Revenue: ₹82.5m (up 28% from 3Q 2024). Net loss: ₹60.0k (down 133% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Annuncio • Feb 10
SecMark Consultancy Limited to Report Q3, 2025 Results on Feb 14, 2025 SecMark Consultancy Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹133, the stock trades at a trailing P/E ratio of 60.2x. Average trailing P/E is 37x in the Professional Services industry in India. Total returns to shareholders of 209% over the past three years. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹0.20 (vs ₹1.60 loss in 2Q 2024) Second quarter 2025 results: EPS: ₹0.20 (up from ₹1.60 loss in 2Q 2024). Revenue: ₹90.2m (up 43% from 2Q 2024). Net income: ₹2.08m (up ₹18.7m from 2Q 2024). Profit margin: 2.3% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Annuncio • Nov 09
SecMark Consultancy Limited to Report Q2, 2025 Results on Nov 12, 2024 SecMark Consultancy Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Annuncio • Sep 05
SecMark Consultancy Limited, Annual General Meeting, Sep 27, 2024 SecMark Consultancy Limited, Annual General Meeting, Sep 27, 2024, at 14:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹15.00 (vs ₹2.11 loss in 1Q 2024) First quarter 2025 results: EPS: ₹15.00 (up from ₹2.11 loss in 1Q 2024). Revenue: ₹60.2m (up 11% from 1Q 2024). Net income: ₹1.58m (up ₹23.4m from 1Q 2024). Profit margin: 2.6% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Annuncio • Aug 09
SecMark Consultancy Limited to Report Q1, 2025 Results on Aug 13, 2024 SecMark Consultancy Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Annuncio • Jul 31
Amit Adhau acquired unknown minority stake in Trakiot Solutions Private Limited from SecMark Consultancy Limited (BSE:543234) for INR 2.51 million. Amit Adhau acquired unknown minority stake in Trakiot Solutions Private Limited from SecMark Consultancy Limited (BSE:543234) for INR 2.51 million on July 30, 2024.
Amit Adhau completed the acquisition of unknown minority stake in Trakiot Solutions Private Limited from SecMark Consultancy Limited (BSE:543234) on July 30, 2024. Reported Earnings • May 16
Full year 2024 earnings released: ₹2.28 loss per share (vs ₹5.03 loss in FY 2023) Full year 2024 results: ₹2.28 loss per share (improved from ₹5.03 loss in FY 2023). Revenue: ₹252.9m (up 45% from FY 2023). Net loss: ₹24.3m (loss narrowed 53% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 163 percentage points per year, which is a significant difference in performance. Annuncio • May 09
SecMark Consultancy Limited to Report Q4, 2024 Results on May 14, 2024 SecMark Consultancy Limited announced that they will report Q4, 2024 results on May 14, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.83 loss in 3Q 2023) Third quarter 2024 results: EPS: ₹0.02 (up from ₹0.83 loss in 3Q 2023). Revenue: ₹66.1m (up 51% from 3Q 2023). Net income: ₹184.0k (up ₹8.77m from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 177 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 10
Second quarter 2024 earnings released: ₹1.60 loss per share (vs ₹1.68 loss in 2Q 2023) Second quarter 2024 results: ₹1.60 loss per share (improved from ₹1.68 loss in 2Q 2023). Revenue: ₹64.9m (up 49% from 2Q 2023). Net loss: ₹16.6m (loss narrowed 5.2% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 159 percentage points per year, which is a significant difference in performance. New Risk • Oct 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 38% per year over the past 5 years. Minor Risks Revenue is less than US$5m (₹174m revenue, or US$2.1m). Market cap is less than US$100m (₹1.05b market cap, or US$12.7m). Reported Earnings • Aug 24
Full year 2023 earnings released: ₹5.03 loss per share (vs ₹2.55 profit in FY 2022) Full year 2023 results: ₹5.03 loss per share (down from ₹2.55 profit in FY 2022). Revenue: ₹174.4m (up 20% from FY 2022). Net loss: ₹52.2m (down 298% from profit in FY 2022). Annuncio • Aug 22
SecMark Consultancy Limited, Annual General Meeting, Sep 14, 2023 SecMark Consultancy Limited, Annual General Meeting, Sep 14, 2023, at 14:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Director's and Auditor's thereon; to receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors and Auditors thereon; to consider board changes; and to consider other matters. New Risk • Jul 20
New major risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹839.9m (US$10.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (₹174m revenue, or US$2.1m). Market cap is less than US$100m (₹839.9m market cap, or US$10.2m). Annuncio • Jun 16
SecMark Consultancy Limited Approves Appointment of Ravi Ramaiya as the Chief Executive Officer SecMark Consultancy Limited announced that at its board meeting held on June 15, 2023, approved the appointment of Mr. Ravi Ramaiya as the chief executive officer of the company with effect from June 15, 2023. Mr. Ravi Vijay Ramaiya has been associated with the company since October 01, 2011 as a Director. He holds a bachelor's degree in commerce from University of Mumbai. He is a qualified Chartered Accountant from the ICAI. He is qualified as a Certified Information Systems Auditor (CISA) from the Information Systems Audit and Control Association (ISACA), USA. He is a Diploma holder in Information System Audit from ICAI, Diploma holder in Business Management (DBM) from BES College and Diploma holder in Cyber Law (DCL) from Government Law College. He has around 20 years' experience in the field of system and technology implementation, operations and risk management, statutory audit, tax planning, litigation, system audit and financial management. He was a Partner in Shah & Ramaiya, Chartered Accountant partnership firm. He had previously worked in the inspection and investigation department of the National Stock Exchange of India Limited and was associated with Mahadev Desai and Associates in the field of audit and assurance. Reported Earnings • Jun 04
Full year 2023 earnings released: ₹5.03 loss per share (vs ₹2.56 profit in FY 2022) Full year 2023 results: ₹5.03 loss per share (down from ₹2.56 profit in FY 2022). Revenue: ₹182.7m (up 26% from FY 2022). Net loss: ₹52.2m (down 298% from profit in FY 2022). Annuncio • May 23
SecMark Consultancy Limited to Report Second Half, 2023 Results on May 30, 2023 SecMark Consultancy Limited announced that they will report second half, 2023 results on May 30, 2023 Annuncio • Dec 10
SecMark Consultancy Limited Announces Resignation of Jignesh Mehta from the Post of Managing Director and Chief Executive Officer SecMark Consultancy Limited informed that Mr. Jignesh Mehta (DIN: 07929488), has resigned from the post of Managing Director and Chief Executive Officer of the Company with effect from December 17, 2022. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Chairman Binod Maharana was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 13
First half 2023 earnings released: ₹8.42 loss per share (vs ₹0.46 profit in 1H 2022) First half 2023 results: ₹8.42 loss per share (down from ₹0.46 profit in 1H 2022). Revenue: ₹90.7m (up 77% from 1H 2022). Net loss: ₹35.0m (down ₹39.7m from profit in 1H 2022). Annuncio • Nov 05
SecMark Consultancy Limited to Report Q2, 2023 Results on Nov 11, 2022 SecMark Consultancy Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹82.00, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 33x in the Professional Services industry in India. Total returns to shareholders of 75% over the past year. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹246, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 36x in the Professional Services industry in India. Total returns to shareholders of 103% over the past year. Reported Earnings • Sep 11
Full year 2022 earnings released: EPS: ₹6.39 (vs ₹4.41 in FY 2021) Full year 2022 results: EPS: ₹6.39 (up from ₹4.41 in FY 2021). Revenue: ₹145.4m (up 92% from FY 2021). Net income: ₹26.4m (up 68% from FY 2021). Profit margin: 18% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Annuncio • Aug 24
SecMark Consultancy Limited, Annual General Meeting, Sep 28, 2022 SecMark Consultancy Limited, Annual General Meeting, Sep 28, 2022. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₹157, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 33x in the Professional Services industry in India. Total returns to shareholders of 29% over the past year. Reported Earnings • May 29
Full year 2022 earnings released: EPS: ₹6.39 (vs ₹4.41 in FY 2021) Full year 2022 results: EPS: ₹6.39 (up from ₹4.41 in FY 2021). Revenue: ₹145.4m (up 92% from FY 2021). Net income: ₹26.4m (up 68% from FY 2021). Profit margin: 18% (down from 21% in FY 2021). The decrease in margin was driven by higher expenses. Annuncio • May 17
SecMark Consultancy Limited to Report Q4, 2022 Results on May 25, 2022 SecMark Consultancy Limited announced that they will report Q4, 2022 results on May 25, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Chairman Binod Maharana was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹127, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 23x in the Professional Services industry in India. Total returns to shareholders of 159% over the past year. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₹116, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 32x in the Professional Services industry in India. Total loss to shareholders of 8.9% over the past year. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹129, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 55x in the Professional Services industry in India. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 21% share price gain to ₹108, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 47x in the Professional Services industry in India. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 15% share price gain to ₹96.00, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 38x in the Professional Services industry in India. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improved over the past week After last week's 22% share price gain to ₹88.35, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 24x in the Professional Services industry in India. Reported Earnings • May 28
Full year 2021 earnings released: EPS ₹4.41 (vs ₹3.86 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: ₹81.1m (up 41% from FY 2020). Net income: ₹15.7m (up 35% from FY 2020). Profit margin: 19% (in line with FY 2020). Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 29% share price gain to ₹73.50, the stock trades at a trailing P/E ratio of 48.2x. Average trailing P/E is 26x in the Professional Services industry in India. Is New 90 Day High Low • Mar 01
New 90-day high: ₹55.95 The company is up 11% from its price of ₹50.50 on 01 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 29% over the same period. Is New 90 Day High Low • Feb 02
New 90-day low: ₹45.75 The company is down 23% from its price of ₹59.25 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 29% over the same period. Annuncio • Nov 07
SecMark Consultancy Limited to Report Q2, 2021 Results on Nov 12, 2020 SecMark Consultancy Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Valuation Update With 7 Day Price Move • Oct 28
Market bids up stock over the past week After last week's 15% share price gain to ₹68.00, the stock is trading at a trailing P/E ratio of 17.6x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 18x in the Professional Services industry in India. Valuation Update With 7 Day Price Move • Oct 16
Market pulls back on stock over the past week After last week's 20% share price decline to ₹87.40, the stock is trading at a trailing P/E ratio of 22.6x, down from the previous P/E ratio of 28.3x. This compares to an average P/E of 16x in the Professional Services industry in India. 
